In addition to simplifying payments and lowering interest charges, the main advantage of a debt consolidation program is the more lenient credit requirements co ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

Freedom Debt Relief reports stopping bill payments can lead to late fees, credit damage, collection efforts, and potential ...

New economic considerations came to the forefront early Wednesday when the Commerce Department announced a shrinking in the gross domestic product (GDP) for the first quarter of 2025. GDP, which ...

It takes a lot of strength and commitment to dig yourself out of debt, but luckily, there are tools that can help. Debt relief, also known as debt settlement, is an attractive option to many people, ...

Struggling with debt isn’t easy, especially when there’s not a clear path forward. Many people see a light at the end of the tunnel with a debt settlement program, though — and indeed, these programs ...

If you’re drowning in debt, you might consider credit counseling. Credit counselors can help you make a plan to tackle your debt and educate you on managing your money. The U.S. Department of Justice ...

You don’t need to be reckless with money to end up buried in debt. All it takes is one catastrophic event, sudden loss of a job, or a few months of “just getting by” – and suddenly, the interest ...

To address the financial strains brought on by increasing inflation, New Era Debt Solutions is pleased to expand its debt relief programs. Our mission is to provide practical, compassionate debt ...

Fraudulent schemes exploiting the IRS Fresh Start Program are on the rise, putting vulnerable taxpayers at risk of financial ...

The state has spent $138,271 so far in the pursuit of buying, and then forgiving, nearly $12 million in medical debt.